Pre-Tax Contributions Sample Clauses

Pre-Tax Contributions. Employee cost-sharing contributions made pursuant to this Part shall be made on a pre-tax basis pursuant to the existing Section 125 cafeteria plan to the extent applicable.
AutoNDA by SimpleDocs
Pre-Tax Contributions. All employee premium contributions for health and welfare benefits will be paid on a pre-tax basis effective at the close of the re-enrollment period upon completion of the appropriate forms at enrollment.
Pre-Tax Contributions. Any contribution made to the Plan at the election of a Participant that is not includable in the Participant’s gross income at the time deferred and has been designated as Pre-Tax Contributions by the Participant. A Participant’s Pre-Tax Contributions shall be maintained in a separate Account containing only the Participant’s Pre-Tax Contributions and gains and losses attributable to those Pre-Tax Contributions. Pre-Tax Contributions shall not include any deferrals properly distributed as Excess Amounts under Section 3.7.2 and are limited by Code Section 402(g) (See Section 3.4.2).
Pre-Tax Contributions. I authorize the university to withhold the following amount of my eligible compensation per pay period: Flat-dollar amount OR Percentage AFTER-TAX (XXXX)
Pre-Tax Contributions. In order to share in contributions under this Section 3.1, a Participant must complete the Participation Agreement referred to in Section 1.27 and elect to reduce the cash Compensation otherwise payable to him in any month by 1%, 2%, 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, 14%, 15%, or 16%, whichever he shall specify in such Participation Agreement; provided, however, that for any Plan Year the Administrative Committee may, for any subsequent Plan Year, establish a maximum percentage of 16% or some lesser percentage, but not less than 6%; and provided, further, that the Administrative Committee may allow all Participants, or one or more selected groups of Participants, to elect to reduce the cash Compensation otherwise payable to each of them by a specified dollar amount rather than a specified percentage of Compensation. No Participant shall be permitted to make Pre-Tax contributions in any taxable year in excess of limitations provided under section 402(g) of the Code, as adjusted under section 415(d) of the Code. The Participant's Employer shall contribute to the Plan, during or as soon as reasonably practicable after the close of each month, an amount equal to the elected reduction in the Participant's cash Compensation for that month as Pre-Tax Contributions to the Pre-Tax Contribution Account of his Basic Account.
Pre-Tax Contributions. Notwithstanding any other provision of this Plan, Pre-Tax Contributions are distributable only in the event that one of the following events occurs: (i) the Employee's death, Disability or Termination of Employment, (ii) the Employee's attainment of age 59 1/2, (iii) a distribution on account of hardship as defined in Article 7, (iv) a distribution on account of Excess Elective Deferrals, as defined in Section 20.3, (v) termination of the Plan without establishment of a successor plan (within the meaning of section 401(k)(10) of the Code and the regulations thereunder), or (vi) one of the other events specified in section 401(k)(10) of the Code.
Pre-Tax Contributions. CSEA and the County agree that any contributions toward health insurance shall be done on a pretax basis by establishing a flexible spending account.
AutoNDA by SimpleDocs
Pre-Tax Contributions. Pre-tax contributions may be made by participants in an amount not in excess of fifty percent (50%) of eligible compensation. PROVIDENT BANK BY: /s/ Xxxxxx X. Xxxxxx PARTICIPANT LOAN POLICY PROVIDENT BANK 401 (K) PLAN (the “Plan”) The Administrator for the Plan hereby adopts this loan policy pursuant to the terms of the Plan:
Pre-Tax Contributions. Pre-tax contributions may be made by participants in an amount not in excess of fifty percent (50%) of eligible compensation. PROVIDENT BANK BY: /s/ Xxxxxx X. Xxxxxx AMENDMENT TO INCREASE THE MAXIMUM ELECTIVE DEFERRAL AMOUNT Name of Plan: Providers Bank 40l(k) Plan (the “Plan”) Plan Sponsor: Provident Bank (the “Sponsor”) THIS AMENDMENT is hereby adopted by the Sponsor in order to increase the maximum allowable Elective Deferral contributions under the Plan to up to 100% of each Eligible Participant’s Compensation. Accordingly, the following amendment shall be effective for the Plan Year which begins in 2002;
Pre-Tax Contributions. Effective January 1, 2002, Plan Section 4.1(e) is amended to add the following to the end of the subsection: However, the limit in this subsection does not apply to any contributions permitted by the Plan and specified in the Adoption Agreement (or addendum thereto) which are subject to Code § 414(v). Effective January 1, 2002, Plan Section 4.1 is amended to add a new subsection (i) to read as follows:
Time is Money Join Law Insider Premium to draft better contracts faster.